earnings
confidence high
sentiment negative
materiality 0.75
Beacon Financial Q1 net income $46.2M ($0.55 EPS); operating EPS $0.70; $0.3225 dividend, $50M buyback
Beacon Financial Corp
2026-Q1 EPS reported
$0.55
- Net income $46.2M ($0.55 diluted EPS) vs $53.4M ($0.64) in Q4 2025 and $19.1M ($0.21) in Q1 2025.
- Operating earnings (non-GAAP) $58.4M, operating EPS $0.70.
- Net interest margin fell 4 bps to 3.78%; net interest income $190.8M.
- Net charge-offs $13.6M (30 bps annualized); nonperforming loan ratio rose to 0.83% from 0.63%.
- Board approved $50M stock buyback (subject to regulatory approval) and $0.3225 dividend payable May 29, 2026.